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Apr 18, 2013
04/13
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this comes at tax time. steven saw a little wrinkle in the new health care law that involves the irs and you. the man who oversees the irs says the agency now needs to do a better job at getting the word out. the law is known as the affordable care act. you have probably heard of that. few people outside of lawyers and accountants and the offices actually know it will penalize many people who do not have health care insurance by docking their tax refunds. that, says the man who oversees the irs, presents a problem. he says the agency has not publicized this penalty as much as it should. >> many americans do not realize the extent that the internal revenue service will be involved in the implementation of the affordable care act. >> the irs would not comment on the inspector general's criticism. they are getting ready to place enforcements in this new law. president obama asking congress for $440 million to help the irs get ready to oversee this part of the health care law. coming up tonight, steven stock bre
this comes at tax time. steven saw a little wrinkle in the new health care law that involves the irs and you. the man who oversees the irs says the agency now needs to do a better job at getting the word out. the law is known as the affordable care act. you have probably heard of that. few people outside of lawyers and accountants and the offices actually know it will penalize many people who do not have health care insurance by docking their tax refunds. that, says the man who oversees the...
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Apr 23, 2013
04/13
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it would allow states to require online retailers to collect state and local sales taxes for internet purchases. states right now can only acquire an online sales tax if they have a physical presence in the state. ebay is claiming it will hurt small business and opposing the bill >>> new information from the blogger that posted the first pictures of the shootout between the police and boston bombers. >> these pictures from andrew kitzenberg, you will remember. you will recall he had the one photo of the bullet hole in his office calendar. he has published all of his photographs and given each one some narration explaining what was happening on the website. most interesting in the photograph is where the older tsarnaev pulls one of the pressure cooker bombs out of the car and throws it toward police. here is a picture of the bomb. we had not realized how far police were. these are the two brothers here and the bomb on the ground. kitzenberg says they were nearly a football field away. when tsarnaev tossed that bomb, it acted more like a smoke screen than an effective weapon. >>> let's
it would allow states to require online retailers to collect state and local sales taxes for internet purchases. states right now can only acquire an online sales tax if they have a physical presence in the state. ebay is claiming it will hurt small business and opposing the bill >>> new information from the blogger that posted the first pictures of the shootout between the police and boston bombers. >> these pictures from andrew kitzenberg, you will remember. you will recall he...
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Apr 24, 2013
04/13
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critics of the voe loan to fisker says it was a waste of american tax dollars, and the government's willingness to give fisker a loan led private invest investors to think that the company was a safe bet. >>> south bay's apple posted its first reduction in profit in a decade on tuesday afternoon. that's kind of the bad news over here. tim cook wants you to look over here at the big dividends. apple shares rose on news that the company would increase payout to shareholders, news we long predicted. apple said it would accelerate its stock buy back as well. fewer shares outstanding mean each share is worth more, a way of upping the share price. that worked just fine. >>> broader markets this morning and turn to jackie deangelis live at cnbc headquarters. good morning, jackie. >> good morning, scott. futures higher after stocks rose for a third day yesterday. the dow posting a gain on 15 straight tuesdays. that is the first time that that has happened since 1927. now, this all came despite a few minutes of panic midday when a fake tweet from the associated press caused markets to plunge briefly bef
critics of the voe loan to fisker says it was a waste of american tax dollars, and the government's willingness to give fisker a loan led private invest investors to think that the company was a safe bet. >>> south bay's apple posted its first reduction in profit in a decade on tuesday afternoon. that's kind of the bad news over here. tim cook wants you to look over here at the big dividends. apple shares rose on news that the company would increase payout to shareholders, news we long...
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Apr 23, 2013
04/13
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get the back taxes. let's get to get them in the light of day so they are e andcted from abus an exploitation. we have high tech workers that don't come here but go to other countries and compete with us. we need people from ranchers to derek to farmers. i don't think this bill goes far enough. i would like to see more, but this is progress. >> your statement mentions several examples of how terrorist disadvantage of our system. even mention how awesome terrorists have applied and received asylum. you mentioned the bill would allow people will have filed a frivolous asylum applications benefits under the legalization system. do you know how many people fall into that category and how does the bill before us make the current system weaker? >> i do outlined in my written testimony a number of pages of terrorists who have taken advantage of asylum. we have most notably the case just a few weeks ago of the syrian national who had been years since 9/11 who was known to help and support materially the 9/11 hij
get the back taxes. let's get to get them in the light of day so they are e andcted from abus an exploitation. we have high tech workers that don't come here but go to other countries and compete with us. we need people from ranchers to derek to farmers. i don't think this bill goes far enough. i would like to see more, but this is progress. >> your statement mentions several examples of how terrorist disadvantage of our system. even mention how awesome terrorists have applied and...
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Apr 23, 2013
04/13
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new york already has the highest cigarette tax in the country, as of late last ye, 28 states banned smoking in all general workplaces, public places, including bars and restaurants. so this essentially would raise the age if it goes through to the same age where you can buy booze so booze a cigarettes in the same category. >> you wonder if that will backfire make mor kidshe same with alcohol wan to try i because you have to be 21 to have access to it. >> i don't know. >> i tnk it's a great idea. >> i do, too. >> there needs to be some tougher legislation. >> the good news is that new york smoking rateor teens in new york city is at like 8.5%, which is far less than the state average and the national average, but it's been stagnating. it had been dropping and now it's stagnating. i don't see anything wrong with it. >> this continues the long decline of smoking in america some numbers that stunned me t wasn't until 1998 that smoking was banned aboard all u.s. domestic flights under six hours. >> i remember we were talking about how it doesn't seem like it was that long ago, i remember taking
new york already has the highest cigarette tax in the country, as of late last ye, 28 states banned smoking in all general workplaces, public places, including bars and restaurants. so this essentially would raise the age if it goes through to the same age where you can buy booze so booze a cigarettes in the same category. >> you wonder if that will backfire make mor kidshe same with alcohol wan to try i because you have to be 21 to have access to it. >> i don't know. >> i tnk...
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Apr 23, 2013
04/13
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debating legislation to help states force online retailers to collect tens of billions of dollars in sales tax. a final senate vote could come by the end of the week. a campaign to raise funds to cover medical expenses for boston bombing victims and now double amputee jeff baumann has received an overwhelming response. nearly $620,000 has been raised in just six days. >>> finally, it's one thing to knowingly throw your money away in vegas, but get this. a recent audit found taxicab drivers overcharging tourists by taking them on the scenic route to and from the airport to the tune of $15 million last year. i may have been on one of those. >>> straight ahead, meet the members of the s.w.a.t. team that desended on the 19-year-old bombing suspect while he lay in that boat not knowing if he was armed or if the boat was boony trapped next. >>> the officers who arrested accused terrorist dzhokhar tsarnaev say the whole ordeal has not sunk in yet. the manhunt for tsarnaev culminated in a showdown in the backyard of a watertown home where he was hiding in a covered boat. with the help of powerful infr
debating legislation to help states force online retailers to collect tens of billions of dollars in sales tax. a final senate vote could come by the end of the week. a campaign to raise funds to cover medical expenses for boston bombing victims and now double amputee jeff baumann has received an overwhelming response. nearly $620,000 has been raised in just six days. >>> finally, it's one thing to knowingly throw your money away in vegas, but get this. a recent audit found taxicab...
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Apr 16, 2013
04/13
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this is going to tax our patience, it's going to be another test of the resilience of the american people. i have no doubt we're going to meet it and just one other comment if i can. when i was looking at the scenes in boston today i didn't see anybody in the street rushing to help others, whether they were first responders or bystanders turning to someone and saying i can't help you because you're from a red state or blue state or tea party member or republican or democrat. these are the times when america is more than the sum of its parts, it's a lesson not to be lost especially in washington. >> tom brokaw always good to get your perspective. >> thank you, savannah. >> as we bring matt back in, give us a sense of how people are feeling in boston. i said to mike lupica a few minutes ago this truly struck at the heart of the city in every possible way. >> it's funny, mike barnacle for his duties for "morning joe" and mike is a long time observer of everything boston. he and i made eye contact and shook our heads because this is not the patriots day we remember. i lived in boston on two o
this is going to tax our patience, it's going to be another test of the resilience of the american people. i have no doubt we're going to meet it and just one other comment if i can. when i was looking at the scenes in boston today i didn't see anybody in the street rushing to help others, whether they were first responders or bystanders turning to someone and saying i can't help you because you're from a red state or blue state or tea party member or republican or democrat. these are the times...
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Apr 22, 2013
04/13
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. >>> the senate could allow states to tax internet purchases adding $11 billion to state coffers and wall street gets back to work after the dow's worst weekly decline since june. back to you. >> mary, thanks. >>> in great britain, the duchess of cambridge, kate middleton appeared in public on sunday with her pregnancy more evident than ever. she stood in for queen elizabeth at a review of scouts while the queen celebrated her 87th birthday in private. the duchess and prince william are expecting the first child this summer. for those who are on royal baby bump watch -- if you have been living under a rock, did you know. >> when you said her name i perked up and i wanted to see bump. >> she looks beautiful. >> certainly does. >> mr. roker has more on the midwest flooding an the local forecast. >> not a lot of good news for friends in the midwest and winter won't let go. we have a funnel system. behind it a lot of cold air and snow for the upper midwest and the plains. ahead of it, a lot of wet weather. we are looking from sheridan up to dull lui. anywhere from six to nine inches of s
. >>> the senate could allow states to tax internet purchases adding $11 billion to state coffers and wall street gets back to work after the dow's worst weekly decline since june. back to you. >> mary, thanks. >>> in great britain, the duchess of cambridge, kate middleton appeared in public on sunday with her pregnancy more evident than ever. she stood in for queen elizabeth at a review of scouts while the queen celebrated her 87th birthday in private. the duchess and...
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Apr 20, 2013
04/13
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CSPAN2
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it is to be in 1997 the total tax revenue raised from the corporate tax, income tax is 41. in the following year, and this reduced to 37 trillion. it didn't. instead we end up losing 4 trillion. >> translator: [speaking japanese] [speaking japanese] [speaking japanese] >> translator: m. last year the party dpj as well as lep was able to strike an agreement to sign the agreement and that was the 18th provision in a given that document and we have to see first about the pickup and economy, otherwise not raising the consumption tax that would take place. whether to do it or not will be decided this coming october. by october, if we end up having picked up an economy done, we can raise the tax. but if it doesn't work out that way, then the timing of the attacks will be deferred. so is shown in these kinds of responses, we have serious considering of the implications of tax in greece. you can make a decision to say definitely that of the debased definitely. we have to allow some more time to make sure the economy could really get better and then the judgment will be made. >> we
it is to be in 1997 the total tax revenue raised from the corporate tax, income tax is 41. in the following year, and this reduced to 37 trillion. it didn't. instead we end up losing 4 trillion. >> translator: [speaking japanese] [speaking japanese] [speaking japanese] >> translator: m. last year the party dpj as well as lep was able to strike an agreement to sign the agreement and that was the 18th provision in a given that document and we have to see first about the pickup and...
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Apr 16, 2013
04/13
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the problem is is the way we have done it, they do not pay tax. you have to pay tax. and the employer would pay the tax. a ford are did not pay because it will not be here -- foreigner does not pay because they will not be here long. but we did not have the employer pay either. if the employer hires you, you will have to pay 15 percent more. why would anyone hire american when you can hire foreigners and pay them 15% less? with high unemployment, is the sticking point for a lot of people. a lot of little things like that within our immigration system that should be tweaked and never are. >> having immigrants and america can be very valuable to our economy. >> immigrants create jobs, create businesses, pay taxes. even those that are of -- not documented, it will pay a wide range of taxes. >> your testimony was that immigration actually saved new york, stimulation of the economy. can you briefly describe how that worked? >> i cannot speak with authority on any place outside of the five boroughs of new york city. i can tell you we think we have roughly 500,000 undocument
the problem is is the way we have done it, they do not pay tax. you have to pay tax. and the employer would pay the tax. a ford are did not pay because it will not be here -- foreigner does not pay because they will not be here long. but we did not have the employer pay either. if the employer hires you, you will have to pay 15 percent more. why would anyone hire american when you can hire foreigners and pay them 15% less? with high unemployment, is the sticking point for a lot of people. a lot...
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Apr 17, 2013
04/13
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dollar spent by american tax dollar is the brainpower, the patriotism, the dedication, the service, and results that come through people whose names they never know. staffers. almost every one of you in this room could be doing something else making a whole lot of money. so many of you graduate at the top of your class, so many of you. i remember feeling so conscious. i stopped hiring rhodes scholars after chitosan and i realize how inadequate i was. [laughter] but all kidding aside think of the application we did. people who work for us and with us. so it's appropriate, it's appropriate, because there's no way this place could function without incredible staff. and you know, nancy is right, people are going to come in the room and five years from now they will say than five, who was he? and it will be a staffer who will tell them who he was. no, it will. will tell them who he was. and why this room is named after him. because what is this democracy except one big conversation, constantly rubbing up against one conversation against another. to generate some kind of consensus. we are
dollar spent by american tax dollar is the brainpower, the patriotism, the dedication, the service, and results that come through people whose names they never know. staffers. almost every one of you in this room could be doing something else making a whole lot of money. so many of you graduate at the top of your class, so many of you. i remember feeling so conscious. i stopped hiring rhodes scholars after chitosan and i realize how inadequate i was. [laughter] but all kidding aside think of...
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Apr 19, 2013
04/13
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it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax would take place. whether to do it will be decided by october. if we end up having picked up an economy by then, we can raise the tax, but if it does not look that well then, the timing of the raising of the tax will be deferred to a later date. i am sure in this kind of response we have been seriously considering the implications of the tax increase trade you asked me if i could make a decision right now to say definitely that taxation will be raised, stage we cannot say that definitely. we have to allow more time to make sure that the economy will really get better. then the judgment will be made definitely.
it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax...
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Apr 20, 2013
04/13
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it translates to hundreds of thousands who can't pay taxes, and support their families on their own time. the evidence also indicated that in addition to employment levels, illegal immigration drove down wage levels. studies by the federal reserve bank of atlanta, for example, showed that illegal immigration was attributable to the nearly $960 per year decrease in wage levels of documented georgians. in leisure and hospitality industries, it was $1520. for doctors and lawyers, and may not be a lot. , $80esident obama observed per month is significant for most families. it goes towards groceries, rent, gasoline. recent history shows that grant of lawful status further increases the influx of illegal immigrants, forcing out unskilled laborers and thereby depressing the wage and employment levels of those americans. in addition to that, that leads to more americans, depending on the government for subsistence. before thece commission is that grant of status is not without substantial cost to the american worker. thank you. as with all witnesses, the statement will be made part of the record
it translates to hundreds of thousands who can't pay taxes, and support their families on their own time. the evidence also indicated that in addition to employment levels, illegal immigration drove down wage levels. studies by the federal reserve bank of atlanta, for example, showed that illegal immigration was attributable to the nearly $960 per year decrease in wage levels of documented georgians. in leisure and hospitality industries, it was $1520. for doctors and lawyers, and may not be a...